Addentax Group Corp Stock Analysis

ATXG Stock  USD 0.57  0.01  1.79%   
Addentax Group Corp is overvalued with Real Value of 0.52 and Hype Value of 0.57. The main objective of Addentax Group stock analysis is to determine its intrinsic value, which is an estimate of what Addentax Group Corp is worth, separate from its market price. There are two main types of Addentax Group's stock analysis: fundamental analysis and technical analysis.
The Addentax Group stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Addentax Group's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addentax Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Addentax Stock Analysis Notes

About 14.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.14. Some equities with similar Price to Book (P/B) outperform the market in the long run. Addentax Group Corp has Price/Earnings (P/E) ratio of 195.0. The entity recorded a loss per share of 0.7. The firm last dividend was issued on the 5th of March 2019. Addentax Group had 1:20 split on the 5th of March 2019. Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in the Peoples Republic of China and the United States. It also manufactures, distributes, and trades in epidemic prevention supplies and offers shop subleasing and property management services for garment wholesalers and retailers in the garment market. Addentax Group operates under Integrated Freight Logistics classification in the United States and is traded on NASDAQ Exchange. It employs 126 people. For more info on Addentax Group Corp please contact Hong Zhida at 86 75 5823 30336 or go to https://www.addentax.com.

Addentax Group Corp Investment Alerts

Addentax Group Corp had very high historical volatility over the last 90 days
Addentax Group Corp has some characteristics of a very speculative penny stock
The company reported the previous year's revenue of 5.15 M. Net Loss for the year was (3.11 M) with profit before overhead, payroll, taxes, and interest of 2.06 M.
Addentax Group Corp currently holds about 20.77 M in cash with (411.47 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 14.0% of the company shares are held by company insiders
Latest headline from news.google.com: Addentax Group inks strategic MOU with Yingbin Brand - Investing.com

Addentax Group Corp Upcoming and Recent Events

13th of November 2023
Upcoming Quarterly Report
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30th of September 2023
Next Fiscal Quarter End
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Addentax Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Citadel Advisors Llc2024-06-30
14.4 K
Peoples Bank/ks2024-09-30
350
Renaissance Technologies Corp2024-09-30
0.0
Virtu Financial Llc2024-06-30
0.0
Note, although Addentax Group's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Addentax Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.44 M.

Addentax Profitablity

The company has Profit Margin (PM) of (0.32) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.59) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.59.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.06)(0.06)
Return On Capital Employed(0.02)(0.02)
Return On Assets(0.06)(0.06)
Return On Equity(0.12)(0.11)

Management Efficiency

Addentax Group Corp has return on total asset (ROA) of (0.0186) % which means that it has lost $0.0186 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0643) %, meaning that it created substantial loss on money invested by shareholders. Addentax Group's management efficiency ratios could be used to measure how well Addentax Group manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.06. The Addentax Group's current Return On Capital Employed is estimated to increase to -0.02. The current Total Assets is estimated to decrease to about 8.5 M. The current Net Tangible Assets is estimated to decrease to about (797.3 K)
Last ReportedProjected for Next Year
Book Value Per Share 5.94  6.23 
Tangible Book Value Per Share 5.94  6.23 
Enterprise Value Over EBITDA 27.76  26.37 
Price Book Value Ratio 0.15  0.16 
Enterprise Value Multiple 27.76  26.37 
Price Fair Value 0.15  0.16 
Enterprise Value24.5 M15.5 M
The management strategies employed by Addentax Group's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Operating Margin
(0.59)
Profit Margin
(0.32)
Beta
(29.15)
Return On Assets
(0.02)
Return On Equity
(0.06)

Technical Drivers

As of the 22nd of November, Addentax Group shows the risk adjusted performance of 0.0047, and Mean Deviation of 4.19. Addentax Group Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Addentax Group Corp market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Addentax Group Corp is priced correctly, providing market reflects its regular price of 0.57 per share. As Addentax Group Corp is a penny stock we also strongly suggest to validate its jensen alpha numbers.

Addentax Group Corp Price Movement Analysis

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The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Addentax Group middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Addentax Group Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Addentax Group Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Addentax Group insiders, such as employees or executives, is commonly permitted as long as it does not rely on Addentax Group's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Addentax Group insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Addentax Group Outstanding Bonds

Addentax Group issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Addentax Group Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Addentax bonds can be classified according to their maturity, which is the date when Addentax Group Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Addentax Group Predictive Daily Indicators

Addentax Group intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Addentax Group stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Addentax Group Forecast Models

Addentax Group's time-series forecasting models are one of many Addentax Group's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Addentax Group's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Addentax Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Addentax Group prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Addentax shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Addentax Group. By using and applying Addentax Stock analysis, traders can create a robust methodology for identifying Addentax entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.60)(0.57)
Operating Profit Margin(0.22)(0.23)
Net Loss(0.60)(0.57)
Gross Profit Margin 0.22  0.23 

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Addentax Group to your portfolios without increasing risk or reducing expected return.

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When running Addentax Group's price analysis, check to measure Addentax Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Addentax Group is operating at the current time. Most of Addentax Group's value examination focuses on studying past and present price action to predict the probability of Addentax Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addentax Group's price. Additionally, you may evaluate how the addition of Addentax Group to your portfolios can decrease your overall portfolio volatility.
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